Corner Stone Laid for Tertiary Hospital

[Addis Fortune] Prime Minister Hailmariam Desalegn laid the cornerstone for the Ethio-American tertiary hospital, which will cost 2.4 billion Br. The hospital will have 300 beds for in-house patients and eight operating rooms.

[Addis Fortune] Prime Minister Hailmariam Desalegn laid the cornerstone for the Ethio-American tertiary hospital, which will cost 2.4 billion Br. The hospital will have 300 beds for in-house patients and eight operating rooms.

source: AllAfrica News: Ethiopia

Fiscal, Monetary Policies Mismatch to Blame for Forex Woes

[Addis Fortune] Last week, Ethiopia got a vindication of a sort of its gains over the years in its pursuit of economic growth. A London-based magazine, “World Finance”, has joined the foray listing it second in the five fastest growing economies in the…

[Addis Fortune] Last week, Ethiopia got a vindication of a sort of its gains over the years in its pursuit of economic growth. A London-based magazine, "World Finance", has joined the foray listing it second in the five fastest growing economies in the world, next to Bhutan's 11.1pc. Neither is the prospect of economic growth, projected by the World Bank's "Global Outlook", is grim for Ethiopia and countries listed in the magazine.

source: AllAfrica News: Ethiopia

Managing Drought, Ethiopia Serves As a Model for its Neighbours

[Addis Fortune] The Horn of Africa is suffering its worst drought in decades, with devastating humanitarian consequences. Two districts in South Sudan are officially in famine. Areas of Somalia and Yemen are on the brink. Hundreds of thousands of peopl…

[Addis Fortune] The Horn of Africa is suffering its worst drought in decades, with devastating humanitarian consequences. Two districts in South Sudan are officially in famine. Areas of Somalia and Yemen are on the brink. Hundreds of thousands of people are at risk of death, while millions face severe disruption to their lives and livelihoods.

source: AllAfrica News: Ethiopia

Well-Known Restaurant Opens Hotel

[Addis Fortune] Yod Abyssinia, a known restaurant, and tour company join the hotel industry by building a three-star hotel with 35 million Br investment. Located on Haile Gebre Selassie Avenue, Yod Abyssinia Hotel has 24 standard rooms, restaurants, me…

[Addis Fortune] Yod Abyssinia, a known restaurant, and tour company join the hotel industry by building a three-star hotel with 35 million Br investment. Located on Haile Gebre Selassie Avenue, Yod Abyssinia Hotel has 24 standard rooms, restaurants, meeting halls, bars, and other additional hotel services.

source: AllAfrica News: Ethiopia

Closure of Slaughterhouse Shows Secularism Under Assault

[Addis Fortune] Ethiopia’s Parliament, the highest legislative body in the land, has had an unusual meeting with members of the public, including media leaders, late last week, where the Speaker, Abadula Gemeda, was in attendance. It was called to cons…

[Addis Fortune] Ethiopia's Parliament, the highest legislative body in the land, has had an unusual meeting with members of the public, including media leaders, late last week, where the Speaker, Abadula Gemeda, was in attendance. It was called to consult with stakeholders of Parliament's journey over the past 15 years and provide a stock of its accomplishments, including the legislations of 665 bills.

source: AllAfrica News: Ethiopia

U.S. President Warned On Cut to African Foreign Aid

[Addis Fortune] US president Donald Trump risks stoking extremism in Africa and provoking a further exodus of migrants heading for Europe if he goes ahead with plans to cut funding to the continent, according to the head of the African Development Bank.

[Addis Fortune] US president Donald Trump risks stoking extremism in Africa and provoking a further exodus of migrants heading for Europe if he goes ahead with plans to cut funding to the continent, according to the head of the African Development Bank.

source: AllAfrica News: Ethiopia

Outdated Ethiopian Brand Needs Facelift

[Addis Fortune] Branding is the art of persuasion. The service provider has to “persuade” the consumer that whatever product it sells to you, is a better fit to your needs than any competitor can deliver. Branding is the mother of modern day marketing….

[Addis Fortune] Branding is the art of persuasion. The service provider has to "persuade" the consumer that whatever product it sells to you, is a better fit to your needs than any competitor can deliver. Branding is the mother of modern day marketing. That is why even countries decided to brand themselves to attract investment. In globalization; there are two major non-state actors that each country is desperately trying to draw in; multinationals (MNC) and tourists.

source: AllAfrica News: Ethiopia

Shipping Giant Unveils 10 Billion Br Profit

[Addis Fortune] The state monopoly Ethiopian Shipping Lines & Logistics Service Enterprise (ESLSE) amassed a gross profit of 10 billion Br in the past nine months. In the same period, the Enterprise transported 3.5 million tonnes of goods via Djibouti and Berbera ports. This was disclosed during the first ever global annual agency meeting held in Ethiopia at Hilton Addis for two days until April 27, 2016. The meeting was attended by 35 international agents of the enterprise.

[Addis Fortune] The state monopoly Ethiopian Shipping Lines & Logistics Service Enterprise (ESLSE) amassed a gross profit of 10 billion Br in the past nine months. In the same period, the Enterprise transported 3.5 million tonnes of goods via Djibouti and Berbera ports. This was disclosed during the first ever global annual agency meeting held in Ethiopia at Hilton Addis for two days until April 27, 2016. The meeting was attended by 35 international agents of the enterprise.

source: AllAfrica News: Ethiopia